Feedback: CU Biz Lending Limit Isn't the Issue

[Re "Politics, Economics Clash in CUs' Bid to Lift Cap," March 8] Doubling the credit unions' member business loan limit won't increase small business lending or create jobs. Nationwide, credit unions' $33.4 billion in member business loans are just 3.7% of their $885 billion in assets. That's less than one-third of the existing member business loan authority (which is capped at 12.25% of assets). You don't change "clunkers" into Maseratis by doubling the speed limit. There will be no jobs from this; the limit isn't the issue.